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Delta Air Lines, The Port Authority Of New York And New Jersey And JFK International Air Terminal Unveil Plans For Next Phase Of Terminal 4 Expansion At JFK Airport

Stocks in this article: DAL

NEW YORK, Feb. 11, 2013 /PRNewswire/ -- Delta Air Lines (NYSE: DAL), the Port Authority of New York and New Jersey and JFK International Air Terminal LLC (JFKIAT) will continue expansion at John F. Kennedy International Airport with a $175 million project that will add 11 gates and 75,000 square feet to Terminal 4's Concourse B. Delta has committed an additional $5 million for information technology enhancements. The new project is in addition to the previously announced $1.2 billion redevelopment at Terminal 4 set to open in May.

(Logo: http://photos.prnewswire.com/prnh/20090202/DELTALOGO)

"This additional expansion project at Terminal 4 is another in a long line of substantial investments we are making in New York," said Richard Anderson, Delta's chief executive officer. "As we continue to bring benefits to Delta people, Delta customers and the citizens of New York with significant enhancements to our JFK hub, we are thankful to have great entities to partner with including the Port Authority of New York and New Jersey, JFKIAT and Schiphol Group."

"This continued expansion project will improve New York's infrastructure and make JFK Terminal 4 a world class facility to serve New Yorkers and visitors," Governor Cuomo said. "This investment by Delta, the Port Authority of New York and New Jersey, JFKIAT and Schiphol Group will provide a boost for the local economy and create jobs for the community. As a major gateway to New York, JFK Terminal 4 will be a major asset in the State's efforts to increase tourism in the Empire State."

"Delta's numerous investments in New York, including the expansion of Terminal 4, are key to strengthening our economy and maintaining New York City's position as a top tourist destination," said New York City Mayor Michael Bloomberg. "The jobs that result from this continued expansion are important to our city and its economy."

"Schiphol Group is proud to play an important role in supporting our partner Delta through this exciting expansion project at JFK," said Jos Nijhuis, CEO Schiphol Group "And we are encouraged that the relationship continues to grow."

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